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Listen "How the largest U.S. supermarket merger in history imploded"
Episode Synopsis
Last week, plans for the largest U.S. supermarket merger in history imploded in spectacular fashion.
First, an Oregon federal judge blocked the $24.6 billion bid by Kroger to take over Albertson’s, its next largest rival.
Less than 24 hours later, Albertsons, which also owns Safeway, pulled out of the deal entirely — and then filed a massive lawsuit against Kroger, the parent company of Fred Meyer and QFC.
The bitter breakup marks the end of a two-year saga that stood to upend grocery shopping across Oregon and centered largely right here in Portland.
On the latest Beat Check, Oregonian/OregonLive reporters Kristine de Leon and Shane Dixon Kavanaugh unpack the final twists and turns of the supermarket deal gone sour.
Learn more about your ad choices. Visit megaphone.fm/adchoices
First, an Oregon federal judge blocked the $24.6 billion bid by Kroger to take over Albertson’s, its next largest rival.
Less than 24 hours later, Albertsons, which also owns Safeway, pulled out of the deal entirely — and then filed a massive lawsuit against Kroger, the parent company of Fred Meyer and QFC.
The bitter breakup marks the end of a two-year saga that stood to upend grocery shopping across Oregon and centered largely right here in Portland.
On the latest Beat Check, Oregonian/OregonLive reporters Kristine de Leon and Shane Dixon Kavanaugh unpack the final twists and turns of the supermarket deal gone sour.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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